TL;DR:
- Dun & Bradstreet introduces D&B.AI Labs, a collaborative platform for co-developing innovative solutions.
- D&B.AI Labs leverages Dun & Bradstreet’s data and analytics expertise along with AI and LLM technologies.
- The initiative aims to accelerate innovation and meet specific customer needs.
- Seasoned data scientists, engineers, and solution specialists work with clients to formulate real-time solutions.
- Trusted datasets and advanced analytics drive reliable AI-driven results for critical business decisions.
- Dun & Bradstreet’s extensive product development program incorporates generative AI and large-language models.
- Master Data Management solutions enhance data connectivity and maximize value through AI capabilities.
Main AI News:
Dun & Bradstreet, the renowned global leader in business decisioning data and analytics, has recently introduced an exciting initiative called D&B.AI Labs. This groundbreaking venture aims to accelerate innovation by providing a collaborative platform for customers to co-develop cutting-edge solutions tailored to their specific requirements. At the core of this endeavor lies Dun & Bradstreet’s unrivaled data and analytics capabilities, coupled with the strategic application of Generative Artificial Intelligence (AI) and Large Language Models (LLMs), among other advanced technologies. By leveraging expertise in AI, LLM, and Machine Learning (ML), along with proprietary data and advanced analytics, D&B.AI Labs is set to revolutionize the way businesses harness the power of information.
Over the years, Dun & Bradstreet has undergone a remarkable transformation, fostering a culture of innovation and making substantial investments in technology, data, and analytics. Notably, the company has expanded its analytics solutions portfolio by an impressive 64%, while enhancing its scores and indices through the integration of AI, LLM, and ML capabilities. As a result, Dun & Bradstreet has solidified its position as an industry leader, empowering organizations of all sizes to thrive in the face of rapid changes within the business landscape.
Anthony Jabbour, the esteemed Chief Executive Officer of Dun & Bradstreet, expressed his enthusiasm for this new endeavor, stating, “Driven by innovation and committed to supporting businesses through evolving times, companies now more than ever require an environment where they can seamlessly combine our trusted datasets, responsibly leverage AI, and tap into our expertise to swiftly develop prototypes and solutions that drive their progress. In this regard, Dun & Bradstreet stands unparalleled in its ability to deliver on these fronts. D&B.AI Labs serves as a collaborative space where we can work hand in hand with our esteemed clientele, including an impressive 93% of the Fortune 500, to identify their pain points and provide innovative solutions tailored to their unique needs.”
At the heart of D&B.AI Labs lies a team of seasoned data scientists, data engineers, and solution specialists who boast extensive experience in driving innovation. With their profound expertise in AI, LLM, ML, and advanced business analytics, this dynamic team has successfully implemented solutions across various use cases. Working in close partnership with customers, they will formulate real-time solutions, develop prototypes, and deploy rapid solutions, empowering clients to unlock the full potential of Dun & Bradstreet’s unparalleled data and analytics capabilities.
Gary Kotovets, the esteemed Chief Data & Analytics Officer at Dun & Bradstreet, highlighted the significance of trusted datasets in an era where LLMs predominantly rely on uncontrolled publicly available data from the web. He emphasized, “The value of trusted datasets, such as those offered by Dun & Bradstreet, will experience a remarkable surge. Our products and services are built upon validated, historical, and proprietary data, enabling us to deliver reliable and interpretable AI-driven results that drive our clients’ most critical business decisions.“
Dun & Bradstreet’s commitment to utilizing these transformative technologies is evident in its extensive range of analytics solutions. For several years now, the company has been incorporating generative AI and large-language models across multiple domains, including ESG, Linkage and Matching, and Sales and Marketing solutions. Furthermore, Dun & Bradstreet’s Master Data Management (MDM) business segment specializes in connecting and consolidating data sets within organizations, thereby creating accurate, comprehensive, and clean data records. By harnessing the power of AI-based capabilities, Dun & Bradstreet’s MDM solutions enable clients to maximize the value derived from predictive analytics, machine learning, generative AI, and large language models. These capabilities form the foundation of product innovation and are indispensable in the creation and training of AI models.
Conclusion:
The launch of D&B.AI Labs signifies a significant milestone in the market. By merging the power of data assets with AI technologies, Dun & Bradstreet empowers businesses to stay ahead in the rapidly evolving landscape. The collaborative approach, coupled with advanced analytics, enables the creation of tailored solutions that address specific pain points. With D&B.AI Labs, organizations gain the ability to unlock the true potential of data and leverage reliable AI-driven insights for strategic decision-making. This initiative sets a new standard for business transformation, ensuring that companies can thrive in an era driven by data and innovation.
